Apple’s Main Chipmaker Delivers Dour Outlook, Underscoring Smartphone Worries, Growth Concerns

Apple’s Main Chipmaker Delivers Dour Outlook, Underscoring Smartphone Worries, Growth Concerns

In case you needed any more evidence to support the contention that the global economy is slowing, that the semi cycle is turning and that Apple is not just a bellwether, but is in fact synonymous with the macro narrative, look no further than guidance from Apple's main chipmaker, Taiwan Semiconductor Manufacturing Co., out Thursday. While the world’s largest contract chipmaker (so, a bellwether in its own right) managed to meet estimates on net income for Q4, the company's outlook was concer
Subscribe or log in to read the rest of this content.

One thought on “Apple’s Main Chipmaker Delivers Dour Outlook, Underscoring Smartphone Worries, Growth Concerns

  1. I believe the trend. To me, the unresolved issue is how to much to attribute to reasons for the slowdown that have different implications for the rest of the economy. In other words, the demand for iPhones is down for some combinations that include (a) slowing global economic growth, (b) market saturation, as a greater percentage of the population owns a smartphone, and (c) a less compelling product offering, as Apple fails to offer much value for newer and more expensive models. I think all three factors are at work. Twenty years ago we all lived and died by looking at growth in the PC market. Now, it still matters. But its not the tip of the sword. So the question for the rest of the market is how much of thes is specific to Apple, how much is specific to smartphones, and how much is attributable to global economic conditions?

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.

NEWSROOM crewneck & prints